Accountants can use any one of three methods for calculating inventory value and cost to keep a business in compliance with accepted accounting standards. Each method can present different problems ...

Groupon Inc., the online coupon company that floated just months ago in the strongest IPO in years, has had recurring accounting problems that critics say show a need for more financial sophistication ...

T-accounting is a method used by accountants and bookkeepers that gets its name from the T shape formed by the two columns used to record entries. Also called double-entry accounting, T-accounting ...

Resident fellow Alex J. Pollock submits a letter of comment to the Securities and Exchange Commission and explains why the conceptual deficiencies of the fair value accounting theory make it a poor ...

It will take more than just higher salaries to keep accountants from leaving the profession, according to a new report from the Pennsylvania Institute of CPAs. There is no one-size-fits-all solution ...

Officials for the six-county Metrolink commuter railroad continue to grapple with accounting and management problems that surfaced in February -- a situation complicated by the recent departures of ...

IMGCAP(1)]Whenever I meet a new accountant, I always ask them, “Does your firm have a department specializing in Space Accounting?” It is surprising to me when they respond with expressions of ...

Show me an entrepreneur who says they’ve never encountered an accounting problem and I’ll show you a liar. That may sound a bit extreme, but the point is simple: from a lost invoice to overlooked ...

Forbes contributors publish independent expert analyses and insights. Peter Cohan, a Boston-based senior contributor, covers stocks. This article is more than 6 years old. Disgraced Wall Street ...

To Brett Whitaker and Mauro Botta the failings of the accounting industry aren't just a matter of alarming statistics or fears about a potential financial crisis. They're personal. Both tried to raise ...